Real Estate advice for the Current Market conditions.

How can we combat this housing inventory shortage?

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Four main things have driven the shortage:

  • a record-long expansion and low unemployment, pre-COVID-19
  • historically low-interest rates that give people more buying power
  • a sizable new generation of home shoppers entering the market while older generations were choosing to hang onto their homes
  • a sharp drop in new home construction over the past decade
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    Real Estate advice for the Current Market conditions.By Roopa Realtor
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